Cost & Fee Structure

The Initial Franchise Fee

Royalties

Full-Size Franchise 4.5 percent of sales

Delivery-Carryout Franchise 5.0 percent of sales

A conversion franchise will receive a $5,000 discount off the initial franchise fee.

Advertising Fees

Local advertising is required to be a minimum of 2% of gross sales. In addition, all franchisees are obligated to be members of the Happy Joe's National Franchise Board (HJNFB). The HJNFB serves as an advisory committee to the chain and assists in directing advertising funds as well as other funded programs. HJNFB dues are currently 1.5% of gross sales.

Area Development Agreement

We also offer area-development opportunities whereby Happy Joe's grants an exclusive territory to franchisees, allowing them to develop a number of franchise facilities and become a multi-unit owner with their own exclusive territory!

Expenditure

Full Size

Delivery / Carryout Only

Initial Franchise Fee

$30,000

$25,000

Rent

$11,500 - $25,895

$3,750 - $5,625

Lease, Utility & Security Deposits

$2,500 - $7,500

$1,250 - $1,875

Leasehold Improvements

$130,000 - $295,000

$97,500 - $130,000

Initial Inventory

$11,800 - $28,000

$4,000 - $7,500

Furniture, Fixtures & Equipment

$85,000 - $450,000

$30,000 - $120,000

Insurance

$8,000 - $18,000

$8,000 - $18,000

Training

$7,500 - $15,000

$5,250 - $10,500

Grand-Opening Advertising

$3,500 - $10,000

$2,500 - $6,000

Signage

$5,250 - $45,000

$5,250 - $21,000

Additional Funds

$14,700 - $68,250

$6,500 - $12,500

Totals

$309,750 - $992,625

$189,00 - $358,000

This chart is designed to give you a range of what costs may be for the options of franchising with Happy Joe's. Within these estimates are included some costs for three months' operation while other costs are one-time-only costs.

Myatt Dr, Maquoketa, Iowa

Milan, Illinois

Happy Joe’s 350 Grille

350 E Leclaire RdEldridge, Iowa 52748

This location has all of our great Happy Joe’s Pizzas and menu items but also offering an expanded buffet and entrees in a different atmosphere than other Happy Joe’s. We also deliver and have online ordering capabilities!